SAUDI ARABIAN OIL COMPANY

SAUDI ARABIAN OIL COMPANY - COMPANY INTRODUCTION

Saudi Arabian Oil Company, commonly known as Saudi Aramco, is a Saudi Arabian public petroleum and natural gas company based in Dhahran. It is one of the world's largest companies by revenue and one of the most profitable companies globally. Saudi Aramco operates across the entire hydrocarbon value chain, including exploration, production, refining, distribution, shipping, and marketing of crude oil and natural gas. It manages the world's second-largest proven crude oil reserves and daily oil production. The company plays a central role in the global energy market and Saudi Arabia's economy.

IS IT A FACTORY OR A TRADER?

Saudi Aramco is primarily an integrated producer and manufacturer. It owns and operates vast oil and gas fields, processing plants, refineries, and petrochemical complexes. Therefore, it functions as a massive production entity, often referred to as a factory or producer due to its extensive manufacturing and processing capabilities for crude oil, natural gas, and refined products. While it engages in global trading of its products, its core identity is that of a vertically integrated energy producer and manufacturer rather than solely a trading company.

Saudi Arabian Oil Company (Saudi Aramco) primarily produces and sells:

* Crude Oil

* Natural Gas

* Refined Products (e.g., gasoline, diesel, jet fuel, fuel oil)

* Petrochemicals (e.g., ethylene, propylene, polyethylene, polypropylene, aromatics)

* Liquefied Petroleum Gas (LPG)

* Sulfur